Peikko to acquire Kemecweld, welding automation technology provider
Peikko Group Corporation has agreed to acquire 100% ownership of Kemecweld Oy, a Finnish company providing manufacturing technology and various welding automation solutions. Kemecweld is based in Lahti and employs five persons. In addition, the company has been using a large number of subcontractors and partners in its projects. Peikko and Kemecweld have cooperated since the early 1990s, and Peikko has ordered several machinery set-ups from Kemecweld every year during the last ten years. Peikko’s intention is to increase its in-house know-how on automation and welding